Author: Isabella Taylor

IMX price faces the risk of dropping to the key $0.35 support level as the upcoming token unlock adds pressure to an already bearish technical setup. Summary IMX price has pulled back 25% from its July high, breaching the 20-day EMA and nearing the 50-day SMA support. A descending triangle pattern with $0.35 support increases the risk of further bearish breakdown, especially with the August 8 token unlock releasing 24.52 million IMX tokens. Holding $0.35 and breaking above the upper trendline could form a triple bottom and trigger a bullish reversal toward $0.67 and higher. Immutable (IMX) price continues to…

Crypto hacks and security threats are escalating again, with hackers stealing over $140 million across multiple platforms in July alone.  Summary Crypto platforms lost over $142M in July across 17 confirmed hacks. Attackers are laundering funds faster, often within minutes. CoinDCX and GMX were among the month’s largest exploit targets. According to data shared by blockchain security firm PeckShield on Aug. 1, total losses hit $142 million last month, up 27% from $111.6 million in June. Seventeen major hacks were reported in July, most of the damage concentrated in just five incidents. The sharp rise highlights how quickly attack methods…

Bitcoin staking platform Solv Protocol has announced BTC+, a new structured yield vault designed to generate BTC-denominated returns. Summary BTC+ aims to unlock yield for institutional and long-term holders. The vault offers 4.5%–5.5% base yields, with early users eligible for up to 99.99% APR during a limited campaign. Solv Protocol holds over 17,480 BTC in total value locked in the protocol. According to an August 1 X post, the vault helps generate interest from idle Bitcoin by deploying capital across DeFi, CeFi, and tokenized real-world asset strategies. What is BTC+? BTC+ is a Bitcoin yield vault that aggregates capital and…

Mill City Ventures has acquired 76.3 million SUI tokens following the close of a $450 million private placement, becoming the first publicly listed company to launch a crypto treasury strategy backed by the Sui Foundation. According to a July 31 press release, Mill City partnered with hedge fund Karatage and received an equivalent investment from the Sui (SUI) Foundation to kick off the initiative. The firm’s new SUI holdings, acquired at an average price of $3.6389, are now held in a public wrapper offering retail and institutional investors daily liquidity. Institutional access to Sui begins Mill City’s treasury now holds…

Coinbase reported $1.5 billion in revenue for Q2 2025, a 3.3% increase from a year earlier but a 26% drop from the previous quarter, as lower retail activity weighed on results.  Summary Q2 revenue rose 3.3% year-over-year to $1.5B, but missed analyst targets. Retail trading lagged, while stablecoin revenue climbed 12% to $332M. Coinbase plans to expand into RWA, derivatives, and token sales. The company’s earnings per share came in at $0.12, far below analyst estimates of $1.19, according to its July 31 shareholder letter. Despite a slight year-over-year revenue increase, the company fell short of analyst expectations across several…

JPMorgan and Coinbase are launching a multi-phase integration that brings crypto access and payments directly into the core of U.S. consumer banking. What’s cooking? Summary In July 2025, JPMorgan and Coinbase announced a phased rollout to integrate crypto access, payments, and rewards directly into JPMorgan’s consumer banking ecosystem. The partnership allows Chase users to buy crypto with credit cards, link bank accounts to Coinbase wallets, and convert reward points to USDC. Alongside this, JPMorgan launched a blockchain-based deposit token pilot on Base, targeting faster settlement and programmability for institutional clients. Analysts view the move as part of a deeper shift,…

Polkadot has posted a 3.69% bounce off high-timeframe support, indicating the early stages of a potential bottoming structure. Technical signals now point to a bullish continuation, provided key support holds in the coming sessions. Summary DOT has reclaimed key support at $3.75 and is testing for a higher low formation. Volume inflows support the bounce, suggesting demand at recent lows. Reclaiming the point of control could trigger a move toward $5 and resume the bullish trend. After rejecting from higher levels, Polkadot (DOT) has found strong demand at major high-timeframe support, triggering a short-term rally. Price action has since reclaimed…

Blockstream’s newly launched Simplicity language brings formally verifiable contracts to Bitcoin’s Liquid Network, offering institutions a new logic they can trust. By anchoring to Bitcoin’s UTXO model, it sidesteps the fragility that plagues state-based systems. Summary Blockstream has launched Simplicity, a new smart contract language for Bitcoin’s Liquid Network, emphasizing formal verification and security. Unlike Ethereum’s global state model, Simplicity uses Bitcoin’s UTXO structure to avoid reentrancy and state-based vulnerabilities by design. The language aims to unlock Bitcoin-native use cases such as programmable vaults, stateless DEXs, and institutional custody without third-party bridges. In a press release dated July 31, blockchain…

The U.S. Securities and Exchange Commission has announced the launch of “Project Crypto,” with SEC Chair Paul Atkins saying the initiative will help achieve President Donald Trump’s vision of making America the crypto capital of the world. Summary SEC Chair Paul Atkins unveiled the “Project Crypto” initiative during at an event at the America First Policy Institute. Project Crypto aims at bolstering regulatory efforts around making America the crypto capital of the world. SEC announced the “Project Crypto” on Thursday, July 31 via chair Paul Atkins, who revealed the grand plan in a speech delivered at the America First Policy…

Pi Network rallied nearly 300% between April and May 2025. The token is now trading close to its all-time low, with PI changing hands at $0.4158 on Thursday. With the token in free fall, traders are likely rotating capital to other altcoins while waiting for the next altcoin season rally. The token’s July unlock has contributed to rising selling pressure, and the likelihood of recovery remains low. Summary PI Network’s PI token is down to $0.4112 on Thursday, close to its all-time low.  The token could slip lower and hit a record low as technical indicators turn bearish.  PI Network…